Trump postpones signing artificial intelligence order out of concern it would hurt the AI industry
Trump postpones signing artificial intelligence order out of concern it would hurt the AI industry
Publish Date: 2026-05-21 15:38:00
Source Domain: www.wxxv25.com
- President Donald Trump postponed the signing ceremony of a new order on artificial intelligence due to concerns it could diminish America’s competitive edge in AI technology.
- Trump expressed discontent with the order’s text and cited leading the world in AI advancements as a reason for his decision.
- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell held a meeting with Wall Street CEOs to address cybersecurity risks posed by advanced AI systems, particularly Anthropic’s model Claude Mythos.
- The meeting aimed to spread awareness about the cybersecurity threats AI can pose and to discuss best practices in cybersecurity among major banks.
- Trump’s allies suggested employing better methods to get AI tools into the hands of trusted cybersecurity experts but cautioned against perceived government screening of commercial AI models.
- The potential move would have marked a departure from Trump’s earlier promises to roll back AI safety regulations put in place by President Joe Biden.
